Comparison

MetaTrader 5 vs GoTrade

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

MetaTrader 5

Access financial markets and trade various instruments with real-time quotes and advanced charting tools. Analyze markets using technical indicators, perform demo trades, and manage your complete trading history. Connect to hundreds of brokers for live trading.

Highlights
  • Real-time financial instrument quotes
  • Full set of trade orders
  • High-performance interactive charts
  • 30 technical indicators
  • 24 analytical objects
  • Complete trading history
  • Live and demo trading
Features
Currently charting
Read full description

Connect to hundreds of brokers and trade in financial markets using MetaTrader 5 for iPhone and iPad. The mobile trading platform allows you to receive quotes of financial instruments, analyze markets using charts and technical indicators, perform demo trades, connect to brokers for live trading and view the history of trading operations. Risk Warning: Our programs may involve real trading with a high risk of losing money rapidly. Most retail investor accounts lose money when trading financial products. You should consider whether you understand how various financial products work and whether you can afford to take the high risk of losing money. TRADING • Real-time quotes of financial instruments • Full set of trade orders, including pending orders • Depth of Market (Level 2) • All types of trade execution • Complete trading history ADVANCED FUNCTIONALITY • High-performance charts • Customizable chart color scheme • Configuring properties of graphical objects and indicators • Display of four charts in one window available on the MetaTrader 5 for iPad • Trade levels visualizing the prices of pending order, as well as SL and TP values on the chart • Information window that displays orders, trading history, emails, news, and logs in MetaTrader 5 iPad • Sound notifications • Financial news — dozens of materials daily • Secure and fast chats with other traders, creation of group chats and channels • Support for push-notifications from the desktop platform and MQL5.community services TECHNICAL ANALYSIS • Interactive real-time price charts with zoom and scroll options • 30 most popular technical indicators • 24 analytical objects: lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools • 9 timeframes: M1, M5, M15, M30, H1, H4, D1, W1 and MN • 3 types of charts: bars, Japanese candlesticks and broken line Download MetaTrader 5, connect to a broker and trade in financial markets! To trade using real money, you need to open a real trading account by entering into a separate agreement with a financial company (broker), which has installed the server component of the MetaTrader 5 trading platform and has the appropriate permissions to provide financial trading service in their respective country. MetaQuotes is a software company and does not provide financial services, nor it has access to MetaTrader 5 platform servers and databases managed by financial companies.

About

GoTrade

Features
Read full description

“GoTrade”港股手機程式是專為香港股票市場投資者建立的專業、隨身、快捷股票交易平台, 提供緊貼實時市場資訊及即時股票買賣,助您捕捉每個入市良機。 -最方便的股票買賣手機應用程式 -最快捷精確的大利市報價 報價 提供港股串流式實時/點擊實時/15分鐘延時報價 即時股票買賣 直通香港證券行電子交易系統、即時股票買賣、查詢戶口結餘、持倉量、購買力及買賣紀錄。 服務支援:請電郵至CS@2gotrade.com

Screenshots

MetaTrader 54 screens
GoTrade4 screens

Verdict

The call

The clearest difference is update cadence: MetaTrader 5 at fortnightly against GoTrade's every 3 months. MetaTrader 5 also leads on chart position (#117 vs unranked). GoTrade's advantage is iOS requirement (12.0 vs 15.0). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

MetaTrader 5 ships an update fortnightly, GoTrade every 3 months. The most recent releases landed on October 20, 2026 and October 2, 2026 respectively.

Scorecard3 real differences · 8 level
MetaTrader 5 versus GoTrade: the parameters behind the verdict, then further details
ParameterMetaTrader 5GoTrade
PriceFreeFree
Rating4.8 (85K ratings) — better—
Positive reviews88.5% of reviews—
Number of ratings85K — better—
Update frequencyFortnightly — betterEvery 3 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
Best chart rank#117 — better—
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.012.0 — better
Further details — not scored
Size34 MB17 MB
Age rating4+17+
DeveloperMetaQuotes Software Corp.2GoTrade

Bugs and requests

MetaTrader 5

Reported bugs

3 issues
  • Login issues and account blocking
  • Disappearing indicators and objects on charts
  • Inconsistent lot size display and calculation

Requested features

5 requests
  • Add time remaining indicator for different timeframes
  • Ability to export trade history
  • Option to customize chart background color
  • Implement trailing stop loss feature on mobile
  • Add alerts and notifications for price levels

GoTrade

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

MetaTrader 5

No in-app purchases

None

GoTrade

No in-app purchases

Questions

Is MetaTrader 5 free?
MetaTrader 5 is free to download, with no in-app purchases.
Is GoTrade free?
GoTrade is free to download, with no in-app purchases.
Do MetaTrader 5 or GoTrade have ads?
Neither MetaTrader 5 nor GoTrade shows ads.
Which is updated more often, MetaTrader 5 or GoTrade?
MetaTrader 5 ships an update fortnightly, and GoTrade every 3 months. Most recently, MetaTrader 5 was updated on October 20, 2026 and GoTrade on October 2, 2026.

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